NOT LISTED FOR SALE

5603 School Rd Gainesville, NY 14066

Estimated Value: $171,000 - $261,000

4 Beds
2 Baths
2,127 Sq Ft
$106/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $90,500 $43 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,626/month

65 Days on Market

Highlights

  • 1.41 Acre Lot
  • Formal Dining Room
  • Eat-In Kitchen
  • Full Attic
  • 2 Car Attached Garage
  • Forced Air Cooling System

About This Home

As of December 2017

Spacious ranch for a growing family, within eyesight of Letchworth Central Schools. Oversized garage with breezeway/mudroom entry to house. 2 Fireplaces and supplemental heat by a woodstove in the semi finished basement. Twin doors lead from dining room to enclosed porch with a great view of the yard.

Last Agent to Sell the Property

Michael Lullo

Listing by Marathon Realty License #37LU0523626 Listed on: 08/10/2017

Last Buyer's Agent

Rita White

Listing by No Office Affiliation License #30WH0948153

No Office Affiliation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,900

Year Built

  • Built in 1957

Lot Details

  • 1.41 Acre Lot
  • Lot Dimensions are 347 x 199

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,127 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Wall to Wall Carpet
  • Basement Fills Entire Space Under The House
  • Full Attic
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Stone Driveway

Utilities

  • Forced Air Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 52
  • Assessor Parcel Number 563289-134-000-0001-052-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,900

Year Built

Built in 1957

Lot Details

0

Listing Details

  • NY Swis Code: Gainesville-563289
  • Total Assessed Value: 130000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 347
  • Lot Dimension Front: 199
  • Lot Information: Agricultural District
  • Lot Number: 52
  • Nearest Cross Street: Jordan Road
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 64184.40
  • Ratio Close Price By Sq Ft: 42.55
  • Ratio List Price By Acres: 69503.55
  • Ratio List Price By Sq Ft: 46.07
  • Regional Board Code: Buffalo
  • School Tax: 1800
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 61420
  • Age of Building: 65
  • Year Built: 1957
  • Directions To Property: Route 19 South to Lamont Road and turn left. First left onto School Road, past School, house on left.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1957

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: 1st Floor Bedroom, Laundry-1st Floor
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Wall To Wall Carpet-Some
  • Kitchen Dining Description: Eat-In, Formal Dining Room
  • Number of Bedrooms 1st Floor: 4
  • Number of 1st Floor Full Bathrooms: 2
  • Number of Rooms: 11
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 2127

Exterior Features

  • Construction: Aluminum/Steel, Vinyl
  • Number of Acres: 1.4100

Garage/Parking

  • Driveway Description: Blacktop, Stone/Gravel
  • Garage Description: Attached
  • Number of Garage Spaces: 2.0000

Utilities

  • Hvac Type: Forced Air
  • Sewer Description: Septic

Schools

  • School District: Letchworth

Lot Info

  • Parcel Number: 563289-134-000-0001-052-000-0000

Tax Info

  • Total Taxes: 3900

MLS Schools

  • School District Name: Letchworth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2017
Closed on
Nov 9, 2017
Sold by
Jp Morgan Mortgage Acquis
Bought by
Flint Deann and Flint Eric
Seller's Agent
Michael Lullo
Marathon Realty
Buyer's Agent
Rita White
No Office Affiliation
List Price
$112,000
Sold Price
$90,500
Premium/Discount to List
-$21,500
-19.2%
Current Estimated Value
$218,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,711
Avg. Annual Appreciation
10.77%

Purchase Details

Closed on
Aug 7, 2017
Sold by
Emily Vella Esq.As Refee Brian J. Lanpher
Bought by
Acquisition Corp Jpmorgan Mortgage

Purchase Details

Closed on
Aug 8, 2011
Sold by
Cole James
Bought by
Landpher Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,321
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2009
Sold by
Walkley Margaret C
Bought by
Cole James F

Purchase Details

Closed on
May 9, 1997
Sold by
Breslin Thomas
Bought by
Walkley Frank A and Walkley Margaret C
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Flint Deann -- --
Acquisition Corp Jpmorgan Mortgage $78,400 Jeffery Kosterich
Landpher Brian $121,900 Robert Tuminelli
Cole James F $105,000 Jeffrey Erickson
Walkley Frank A $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flint Deanna $91,500
Previous Owner Landpher Brian $126,321
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $90,500 -7.7% $43 / Sq Ft
10/24/2017 10/24/17 Price Changed $98,000 -6.7% $46 / Sq Ft
10/14/2017 10/14/17 Pending -- -- --
09/21/2017 09/21/17 Price Changed $105,000 +900.0% $49 / Sq Ft
09/21/2017 09/21/17 Price Changed $10,500 -90.6% $5 / Sq Ft
08/10/2017 08/10/17 For Sale $112,000 -- $53 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,185 $203,000 $22,900 $180,100
2023 $5,185 $156,000 $22,900 $133,100
2022 $4,927 $156,000 $22,900 $133,100
2021 $5,020 $156,000 $22,900 $133,100
2020 $4,512 $130,000 $13,300 $116,700
2019 $4,482 $130,000 $13,300 $116,700
2018 $4,482 $130,000 $13,300 $116,700
2017 $4,033 $130,000 $13,300 $116,700
2016 $3,761 $130,000 $13,300 $116,700
2015 -- $118,500 $14,100 $104,400
2014 -- $118,500 $14,100 $104,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1068464

Western New York Real Estate Information Services (WNYREIS)

APN: 563289-134-000-0001-052-000-0000